Corporate
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National Treasury Receives Ksh.5 Billion from Kenya Pipeline in Dividends
The Kenya Pipeline Company (KPC) has declared an interim dividend payment of Ksh. 5 billion to the National Treasury for…
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Equity Group Sees its Net Profit Down 5% to Ksh.43.7 Billion
Equity Group Holdings (EGH) experienced a decline in after-tax profit to Ksh.43.7 billion. This represents a 5% drop, making it…
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NCBA After Tax profit up 56% to Ksh.21.5 billion
NCBA Group has posted an after-tax profit of Ksh.21.5 billion in its Full Year 2023 results, representing a 56% uptick…
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Family Bank After Tax Profit up 13% to Ksh.2.5 Billion
Family Bank Group has posted a record Ksh.2.5 billion After Tax profit for the full year ended December 31, 2023.…
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KPC Feted for 4th Year in a Row at DIAR Awards
Kenya Pipeline Company (KPC) has been feted as the best state corporation on Diversity, Inlcusion & Sustainability for the fourth…
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ATIDI Backs $7.7 million Hydro Project in Burundi
The pan-African trade insurance agency, The African Trade Investment and Development Insurance (ATIDI), has supported Songa Energy’s USD 7.7 million…
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BasiGo Secures Ksh.390 Million for Electric Buses Production in Kenya, Rwanda
BasiGo has secured $3 million (Ksh390 million) worth of equity funding for electric busses production in Kenya and Rwanda. The…
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Co-op Bank Shareholders to Pocket Ksh.1.5 per Share Amounting to Ksh.8.8 Billion
Co-operative Bank’s growth in earnings has led to a sustained increase in shareholder value as reflected in the competitive Return…
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Energy Projects in Africa Win Top Infrastructure Accolades at IJ Global Awards
Two energy projects in Africa have won awards at the IJ global awards held in London, United Kingdom. The Singrobo…
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M-Pesa Signs Deal With Onafriq for Ethiopia Operations
M-PESA Safaricom has signed an International Money Transfer Agreement with Onafriq, Africa’s largest digital payments network, operating in 40 African…
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